Westpac Lifetime Superannuation - Westpac Balanced Growth NE - Managed Fund (Closed)

Fund Objective

Aims to provide a high level of capital growth over the long term (at least five years) from a balanced portfolio of assets.

Fund Strategy

The fund will invest either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist of a diversified portfolio of mainly growth assets (Australian and international shares and property) and to provide for the potential for long term capital growth.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.32%	3.77%	-8.46%	-5.53%	-0.56%	2.03%	1.94%	4.6%
Growth return	0.32%	3.77%	-8.46%	-5.53%	-0.56%	2.03%	1.94%	4.6%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	1.49%	5.33%	4.83%	18.51%	14.76%	5.63%	6.74%	7.79%

As at 31 Jul 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Lifetime Superannuation - Westpac Balanced Growth NE

Australian Equities: 29.10%

International Equities: 30.65%

Cash: 3.53%

Property: 4.47%

Fixed Interest: 17.74%

Alternatives: 14.51%

Average Allocation of Peers

Australian Equities: 26.64%

International Equities: 32.91%

Cash: 7.32%

Property: 7.14%

Fixed Interest: 21.14%

Alternatives: 4.85%

General Information

Fund Details

Type	Description
Fund Name	Westpac Lifetime Superannuation - Westpac Balanced Growth NE
Fund Status	Closed
Responsible Entity	Westpac Financial Services Limited
APIR Code	WFS0346AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Jul 2020)
Legal Structure	Superannuation Fund
Fund Inception	17 Feb 2002
Fund Size	$0 million (as at 30 Apr 2023)
Entry Price	$2.0545 (as at 17 Aug 2020)
Exit Price	$2.0477 (as at 17 Aug 2020)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	2.67% (as at 30 Jun 2015)
Minimum initial investment	$3,000.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023)	Type	% of Portfolio
BT Investor Choice Australian Growth Shr	Mutual Fund - Open End	24.16%
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FAQs about the Westpac Lifetime Superannuation - Westpac Balanced Growth NE

What is the objective of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The objective of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is Aims to provide a high level of capital growth over the long term (at least five years) from a balanced portfolio of assets.

What is the strategy for the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The strategy of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is The fund will invest either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist of a diversified portfolio of mainly growth assets (Australian and international shares and property) and to provide for the potential for long term capital growth.

What is the APIR code of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The APIR code of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is WFS0346AU.

What was Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s total return last month?

Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s total return last month was 0.32%. This was made up of a growth return of 0.32% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What was Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s total return for the last three months?

Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s total return for the last three months was 3.77%. This was made up of a growth return of 3.77% and an income return of 0%%. These returns were calculated as at 31 Jul 2020.

What is Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s one-year total return?

Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s one-year total return is -5.53%. This was made up of a growth return of -5.53% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What is Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s three-year total return?

Westpac Lifetime Superannuation - Westpac Balanced Growth NE’s one-year total return is 2.03%. This was made up of a growth return of 2.03% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What is the asset allocation of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The asset allocation of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is :

Australian Equities: 29.10%

International Equities: 30.65%

Cash: 3.53%

Property: 4.47%

Fixed Interest: 17.74%

Alternatives: 14.51%

Who is the responsible Entity of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The Responsible Entity for the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is Westpac Financial Services Limited.

What sector/asset class does the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund belong to?

The Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund belongs to the Multisector Growth sector/asset class.

What is the size of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

As at 30 Apr 2023, the size of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund was $0 million.

What is the inception date of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund has an inception date of 17 Feb 2002.

What is the current entry price of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The current entry price of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is $2.0545 per unit and the current exit price is $2.0477 per unit (as at 17 Aug 2020).

What is the current exit price of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The current exit price of the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is $2.0477 per unit and the current entry price is $2.0545 per unit (as at 17 Aug 2020).

What is the minimum investment amount for the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund?

The minimum initial investment amount for the Westpac Lifetime Superannuation - Westpac Balanced Growth NE managed fund is $3,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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